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Yesterday the pair GBP/USD was trading within a wide range and amid the news release the price rose from 1.5550 to 1.5625. However, during the rest of the day the pair movement was a result of the...
GBP/USD Open 1.5602 High 1.5629 Low 1.5438 Close 1.5601On Monday pound/dollar increased with almost 100 pips. The cable appreciated from 1.5531 to 1.5629 yesterday, in line with the positive money...
CFTC COT Data USD aggregated net long positions decreases 3% to 26.2Bln EUR net spec shorts increases 0.5% to 13.9Bln JPY short positioning decreases 9.1% to 8Bln AUD net shorts increases 32% to 927...
Investors eye EU summit for direction Don’t expect any clear cut decisions from Europe today RBA takes a pass on rate change Loonie bulls press panic button Due to the importance of...
GROWTHACES.COM Forex Trading StrategiesTaken PositionsEUR/USD: long at 1.0990, target 1.1240, stop-loss 1.0940, risk factor ***GBP/USD: long at 1.5470, target 1.5700, stop-loss 1.5400, risk factor...
GBP/JPY Daily OutlookDaily Pivots: (S1) 189.83; (P) 190.74; (R1) 192.12; Intraday bias in GBP/JPY remains on the downside for the moment. As noted before, a short term top is in place at 195.86 on...
According to the data released by CFTC, forex market investors are eliminating the long position of USD, while EUR continues to show bearish momentum. Data show that USD long position has fallen to...
EUR/USDCurrent level - 1.1027 The rebound above 1.0954 is corrective in nature, thus preceding a slide towards 1.0820. Key resistance lies at...
Market Commentary FX market surprisingly resilient after Greek vote in a rerun of last weeks price action with the Asian gap lower filled during the European session; all action in stocks, bonds and...
USD/JPYThe USD/JPY struggles around 122.80-resistance- where it meet SMA50 as seen on the provided daily chart. Still, the market remains trendless since the opening of this week, while technical...
The euro drifted lower in early Asian trade as the markets await the outcome of the Eurogroup meeting of Eurozone finance ministers and the EU summit to be held later today. It is thought...
Following the outcome of the referendum, the Greek Prime Minister said Athens was returning to negotiations with the goal to reopen banks, which could run out of cash within days without emergency...
Talking Points:Euro, Yen Volatility Ahead as Eurozone Officials Meet for Greece Crisis Talks Australian Dollar Little-Changed After Another Status-Quo RBA Rate Decision Greece remains in focus as the...
Talking PointsRBA Leaves Key Rate Unchanged at 2 percent as Expected Australian Dollar little changed versus its US counterpart Policy Statement Maintains Neutral, Data-Dependent Tone The Australian...
EUR/USDRisk reward: 1.81Volatility: AverageDown at 1.1037 Limit 1.1069 Target 1.0979USD/JPYRisk reward: 1.66Volatility: AverageUp at 122.57 Limit 122.25 Target 123.10 GBP/USDRisk reward:...